# U.S. livestock: CME lean hogs climb on firm cash - Grainews

> CME June lean hog futures settled at 126.05 cents/lb after touching a contract high, supported by firm cash hog prices. The CME lean hog index rose to 102.25 cents/lb, its highest since August, while wholesale pork values fell. Traders were positioning ahead of the USDA quarterly Hogs and Pigs report.

- Date: 2022-03-29 · published 2022-03-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/42421-u-s-livestock-cme-lean-hogs-climb-on-firm-cash-grainews
- Commodities: [Lean Hogs](https://feedsoft.ai/c/HOGS.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tighter expected hog supplies and firm cash prices support lean hog futures, though falling pork cutout values signal limited wholesale strength. Higher hog prices raise the cost of hog finishing feed demand dynamics.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: neutral

## Sources

- grainews.ca: https://www.grainews.ca/daily/u-s-livestock-cme-lean-hogs-climb-on-firm-cash/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.